BREAKING NEWS

Iraq makes initial $650 mln oil payment to Kurds

BAGHDAD- Iraq's Finance Ministry has begun making an initial payment of $650 million to Iraqi Kurdistan for oil companies working in the autonomous region, Deputy Prime Minister Rosh Nuri al-Shawish told Reuters on Tuesday.
"The federal Finance Ministry has started transferring the first oil payment of $650 million to the Kurdish region," Shawish said.